Trading Signals: SHOP Stock Price Prediction and Forecast

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Mon. Mar. 7, 2016

Trading Signals: SHOP Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Dec. 22, 2023)

(Shopify Inc. )
SHOP latest price $25.8700 (2.82%) ($24.7700 - $25.9100) on Mon. Mar. 7, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.87% (three month average)
RSI   72
Latest Price   $25.8700(2.82%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 2.9% a day on average for past five trading days.
Weekly Trend   SHOP advances 8.5% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
SKYY(59%)    ARKK(54%)    IWF(54%)    QQQ(54%)    IVW(52%)
Factors Impacting SHOP price   SHOP will decline at least -1.935% in a week (0% probabilities).
VIXM(-11%)    UUP(-8%)    SHY(-5%)    TLT(-3%)    IPO(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.935% (StdDev 3.87%)
Hourly BBV 0 ()
Intraday Trend 3.5%

5 Day Moving Average   $24.47(5.72%)
10 Day Moving Average   $23.06(12.19%)
20 Day Moving Average   $21.78(18.78%)
To recent high   -3.8%
To recent low   33.8%
Market Cap   $3.107b

Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded by Tobias Albin LÃ¼tke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.

$. SHOP price fluctuates within 8.68% (three month std-dev: 3.87%) daily (68% of days).

Sample size 4 Average positive next day return: 2.69%(25%) Average negative next day return: -3.95%(75%) Sample size 4 Average positive next three day return: 0%(0%) Average negative next three day return: -12.64%(100%) Sample size 4 Average positive next weekly return: 0%(0%) Average negative next weekly return: -12.62%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160407

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_7_2016	25.07	21.78	23.06	24.47	24.57	25.14	25.87(2.82%)	UT	OpenLong	75	0.7	55	170	26	142	0.86	40%	0.04	28.1	3.87%	0	2.2	72	0
2	Mar_4_2016	25.06	21.56	22.57	23.77	23.86	24.7	25.16(3.67%)	UT	OpenLong	75	0.9	54	260	28	132	0.88	40%	0	16.7	3.85%	0	2.2	74	0
3	Mar_3_2016	25.06	21.44	22.1	23.14	23.21	23.99	24.27(-0.37%)	UD	OpenLong	75	0.8	52	240	30	119	1.21	40%	-0.04	9.4	3.82%	0	1.9	72	0
4	Mar_2_2016	25.07	21.35	21.72	22.62	22.53	23.02	24.36(7.36%)	UT	OpenLong	75	1.3	47	140	28	103	1.5	40%	0	2.8	3.83%	0	2.2	68	0
5	Mar_1_2016	25.07	21.24	21.48	21.95	22.01	22.43	22.69(1.39%)	UT	OpenLong	75	0.6	41	140	23	94	0.69	36%	-0.12	-13.8	3.71%	0	1.2	65	0

6	Feb_29_2016	25.1	21.27	21.26	21.42	21.47	22.04	22.38(1.73%)	UT	OpenLong	75	0.7	30	190	16	71	0.65	36%	-0.12	-23.1	3.68%	0	0.9	60	0
7	Feb_26_2016	25.13	21.29	20.96	21.19	21.02	21.59	22(1.57%)	UT	OpenLong	75	0.6	25	170	18	45	1.11	36%	-0.16	-26.9	3.67%	0	0.5	50	0
8	Feb_25_2016	25.17	21.31	20.7	20.9	20.83	20.91	21.66(3.04%)	UT	OpenLong	75	0.6	11	20	14	2	1.27	36%	-0.16	-33.4	3.69%	0	0.3	42	0
9	Feb_24_2016	25.21	21.32	20.52	20.69	20.56	20.46	21.02(4.89%)	DP	OpenShort	-75	0.2	-21	-50	-14	-40	0.97	34%	-0.2	-33.2	3.68%	0	-0.2	42	0
10	Feb_23_2016	25.26	21.41	20.4	20.96	20.92	20.75	20.04(-5.52%)	DT	OpenShort	-75	-0.7	-17	-60	-7	-46	1.31	32%	-0.28	-18.7	3.7%	0	-1	40	0

11	Feb_22_2016	25.33	21.57	20.44	21.05	21.61	20.67	21.21(3.11%)	DP	OpenShort	-65	0.1	-11	-220	5	-60	0.76	33%	-0.2	-7	3.66%	0	-0.3	40	0
12	Feb_19_2016	25.38	21.66	20.48	20.67	21.5	21.09	20.57(-0.1%)	DT	OpenShort	-75	-0.1	-31	-10	-11	-92	0.64	35%	-0.24	-6.6	3.66%	0	-0.8	39	0
13	Feb_18_2016	25.44	21.77	20.74	20.43	21.23	22.54	20.59(-7.96%)	DP	OpenShort	-65	0.1	-9	550	16	-84	1.46	38%	-0.24	-7	3.73%	0	-0.8	43	0
14	Feb_17_2016	25.5	21.78	20.97	20.31	20.64	21.91	22.37(9.12%)	N/A	N/A	0	1.4	17	480	47	-72	3.49	40%	-0.16	-19.1	3.69%	0	0.4	52	0
15	Feb_16_2016	25.54	21.68	20.96	19.8	19.85	19.93	20.5(6.05%)	DP	OpenShort	-65	0.5	-23	40	9	-117	1.19	34%	-0.27	-38.5	3.51%	0	-0.8	38	0

16	Feb_12_2016	25.61	21.67	21.24	19.78	19.76	19.36	19.33(-0.21%)	DT	OpenShort	-75	-0.3	-51	-140	-24	-133	0.5	30%	-0.31	-52.6	3.41%	0	-1.6	30	0
17	Feb_11_2016	25.69	21.75	21.64	20.29	20.16	19.77	19.37(-3%)	DT	OpenShort	-75	-0.6	-55	-150	-35	-115	0.21	30%	-0.35	-58.7	3.43%	0	-1.7	30	0
18	Feb_10_2016	25.78	21.87	21.97	21.11	20.92	20.16	19.97(0.6%)	DP	OpenShort	-75	-0.9	-42	-280	-29	-82	0.16	28%	-0.31	-59.9	3.42%	0	-1.4	35	0
19	Feb_9_2016	25.86	22.06	22.2	21.72	21.71	20.56	19.85(-2.6%)	DT	OpenShort	-75	-1.4	-40	-370	-36	-50	0.39	27%	-0.31	-54.5	3.47%	0	-1.7	52	0
20	Feb_8_2016	25.94	22.26	22.54	22.27	22.32	21.69	20.38(-6.81%)	DT	OpenShort	-75	-1.5	-30	-190	-37	-9	0.62	27%	-0.31	-51.6	3.49%	0	-1.5	56	0

21	Feb_5_2016	26.02	22.49	22.84	22.9	22.82	22.86	21.87(-6.86%)	UD	OpenLong	65	-0.8	6	0	-10	54	1.39	29%	-0.23	-40.4	3.4%	0	-0.5	66	0
22	Feb_4_2016	26.08	22.62	22.97	23.17	23.03	22.95	23.48(2.09%)	UT	OpenLong	75	0.2	31	-40	9	97	0.36	31%	-0.15	-37.5	3.3%	0	0.6	68	0
23	Feb_3_2016	26.12	22.69	22.9	22.97	22.94	22.78	23(1.68%)	UT	OpenLong	75	0	25	-50	1	98	0.56	31%	-0.15	-38.4	3.29%	0	0.2	60	0
24	Feb_2_2016	26.16	22.79	22.67	22.77	22.88	23.12	22.62(-3.87%)	UD	OpenLong	65	-0.1	16	90	-1	65	0.54	30%	-0.23	-38.3	3.29%	0	-0.1	45	0
25	Feb_1_2016	26.22	22.93	22.46	22.87	22.79	23.09	23.53(1.34%)	UT	OpenLong	75	0.4	20	80	10	48	0.37	31%		-33.8	3.29%	0	0.4	48	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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